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Tuesday, June 10

CA Info - industrial training

Hi Friends,Here is the list of approved insitutions eligible for imparting Industrial training

sir i have completed my pcc this nov and i have taken dummy for my articleship.few senior ca's in our family have recomended to concentrate on studies and not do articlship. but i want to earn for my family which job should i choose as articleship only gives 2000.what should i do

sir i have completed my pcc this nov and i have taken dummy for my articleship.few senior ca's in our family have recomended to concentrate on studies and not do articlship. but i want to earn for my family which job should i choose as articleship only gives 2000.what should i do

Hi, I am sorry I am not in a position to advise you on something that is not permissible as per CA Rules. I would encourage you to take up articleship as this will help you become a better CA. Also, as you are registered as an article, you are legally not allowed to get into employment and thus I cannot advise you where you can take up a job.Apologies !!

hi Vikas sir, I am C.A final student and i want to go for my industrial training, its still 15months left and i know max. is 12 months and min. is 9mths for industrial taining, but in order to give intimation to my current principal its 3 months b4 i join. but my current principal is refusing to grant me permission on the ground that he made me learn the things and its their turn to get the work from me. What shall i do? Plz. Help me.

I am really sorry for this but I don't have an answer for you at this stage. The only option I think you'd have is to convince your principal for allowing you to go for Industrial training. This way, you will be able to gain more exposure and will lead to his reputation building that his training skills has made you a better professional.

I just vwanted to know that if my employer does not allow me for undergoing indutrial training then i am not allowed to do so? whether this means that it is at the discretion of the employer that any article applies for industrial training or not? Pls reply & give ur vluable advice..........

Hello sir i am Pranjal here.i am a student of ipcc and am doing my articleship from the past 1.5 years . Now i am planning to pursue industrial training .However i am still a bit confused regarding the scope of industrial training and its benifits that would lead to a better carreer for us . i would humbly request u to help me know the same.Also i would request u to tell me that hw is industriaL training different from articleship training.

Pranjal, Industrial training helps u get an "industry" exposure as opposed to 'audit' training. If I can explain that way, Articleship period does not allow you to get into employment (a job) due to the requirements of the articleship training. Industrial Training is like doing a job in a large company and you can feel of a job, which is especially helpful if you want to get into employment after being a CA.

Sir, I am ca student from ahmedabad, I applied at many places for ca industrial training whose names are recommend by the institute on its website but it all turn out to be in vain when i try to send e-mail or contact through phone so my question is how and where to approach, further i want to go for banking sector so i am seeking your advise, whether i can get the same in bank and yes than how much they will pay as stipend, i just want the approx. figure. thank you

First of all it is my pleasure that you are such a great helping hand for student like us. I have note down the company details for IT from the Institute itself but I am bit confused that how to approach and how to select from them.

Can you give me the approach procedure and also how to prepare for the interview.

I know this is extremely late response... I dont know how i missed it. However, I now have a post on XBRL. Albeit a small one.

Also, I have some news for you about how to learn XBRL. ICA (Institute of Computer Accountants) is launching a course on XBRL. An extensive one wchich should be enough for you start your career on it. Consider a try!

sir i m a ipcc student my training started in the month of december nd i m eligible for giving ca final attempt in nov 2013 sir if i give my attempt in may 2014 and skip november 2013 will it be counted as my first attempt or second

I want to do industrial training in last year of my articleship.I am in dilemma over the leaves.Is industrial training considered an extension of articleship. and how my leaves will be calculated in Industrial training.If suppose I have to my credit 100 days in two years of my articleship training .Can I carry forward these leaves into industrial training or how many maximum number of leaves can we take in Industrial training...Plz answer I require this clarification on urgent basis

For purposes of leave in case of Industrial Training, a person undergoing articleship is guided by the rules of the organisation where you are undergoing articleship.

Suppose if you enrol into 9 months of Industrial Training and you already have 100 days of credit from your articleship, if the organisation allows this leave to you during IT, this would mean that you would take leave for more than 3 months during 9 months of training. Practical? Indeed NO!

However, some companies do consider your leave credit in exceptional cases like you have to appear for your Final exams (multiple attempts).

Bottom Line: Leave depends on the Leave policies of the Organisation where you are undergoing IT.

Can u please provide me list of any approved insitutions eligible for imparting Industrial training in the State of Orissa? If there aren't any is it possible to get some private company approved for the same. If yes please tell me about the procedure for the same.

i want to pursue my Industrial training in kolkata.I have cleared my IPCC in Nov,10 My final is due in Nov,13. & april 14 is the articleship completeion date.

So i want to know that when should i start dropping/forwarding my CV to companies imparting IT....

I have completed my 1.5 yrs in articleship in s s kothari..

also suggest in which area i shud go for..i mean which sector is best for training..since i have concurrent auditing exp in bank..so i feel bank would be better to opt for..however if anyone would like to give ur suggestion and views then it will be better for me to decide..

Am JYOTI AGARWAL from KOLKATA and has completed my c.a. ipcc both group and now am in ca final and have completed my 7months of articleship in this co. so sir will you suggest me some co where i can take industrial training in my last left 12months of article training..

I am eligible to undergo industrial trailing from April 2013. I prefer to do it in chennai as i have already started attending classes in chennai. Can u please update me with any vacancies in some good companies in chennai.

Going through the various comments i got to know much of the IT requirements and benefits. But i need to now ponder over options in IT as if i choose banking sector or FMCG or Manufactuer... though i am thinkin to go for banking ( as i have done Internal Auditor in a manufacturer ), being a new world for me and more things to learn.Please advice

Dear Shekhar, which sector to join IT into would depend on what your future career aspirations are. If you are planning to joining Banking sector and are able to join a Bank for IT, there is nothing better than that.

Generally, the experience you get during Industrial Training is aimed at more towards organisational culture and management skills than technicals.

In short, if you have coices to join an industry you want to join later, choose that. Else, it really wont matter much. I'd go for FMCG.

Sir,i hv not submitted form 112,for my b.com as my college timings are clashing with articleship timing.If so how will institute come to know that I am doing graduation.I know students who are doing ca,cs,icwa and cfa simultaneously.So arent they doing wrong

Prerana, I do not encourage any action which is not legitimate. Further, for CA, you are required to inform the Institute of any degrees that you have. So if you are doing B.Com, technically, you are required to inform the institute of the same.

I have cleared both the groups of IPCC and now pursuing with articleship. I have completed just 2 months of articleship and till now did not applied for Final registration. My 1st attempt for finals would be May, 2015. Sir is it possible to appear for exams before our date like i want to appear in May 2014 or November, 2014???Is it possible?? What should i do for this??

Sir,I have taken the transfer from my principal so that i could do the industrial training. its just 12 month gone.So please suggest me what shall i do to get the industrial training. As my earlier principal denied for Industrial training.

I finished my PE II in November 2004 and then had enrolled myself for articleship. I completed 1 year and 2 months and then terminated it as I'd enrolled myself in another full time course. Unlike my other friends, I did not want to take up dummy articleship and hence applied for termination. I'm working for almost 5 years now and want to pursue CA again. Wanted to know if I now want to aplly for articleship in good firms- say big fours etc, would they take me? Also how good an option is to do CFA alongwith CA? What the career prospects for the same.

sir. i had taken transfer from my preious firm & join the next firm but tge date in form 102 and 103 are different and i am facing shortage of 3 days for six months eligibility criteria for final exams in nov 13 what should i do?? plz inform e through mail.. my mail id is scorpionyash91@gmail.com

siri am having an opportunity to join a reputed co. to pursue CA Industrial training. but as per ICAI, i need to calculate the period left for my articleship so as to see whether i am eligible to pursue industrial training or not.my articleship started on 28-02-2011.Kindly help me in this regard.

sagar industrial training is done at the end of yr 3 of articleship when ur last 12 months or 9months is left then how cn you get industrial training now itself you have to wait for your last 12months or last 9months for the industrial training.

I have completed 2 years of my Articleship period from S.S.Kothari & Co. and now i intend to join industrial training preferably in south Kolkata. Though i have gone through all d lists of companies providing industrial training at the CA institute portal as well as the list provided by u above but it is not being possible to figure out from the long list as to which company is recruiting at present.I request you to please help me with the above. To just suggest which companies are recruiting currently, as per ur convenience.

dear Mr. Goel.i read ur article on DTAA between India and Sweden.while filling excel sheet for income tax return i saw a column " relevant article of DTAA" i would like to know what this nr for " relevant article of DTAA" ids in this column?iwill be thankful for your answer to thia querrykannan

Sir,I had joined IT in September,2012. Due to some problems I had to take excess leaves and I also could not give my CA final in may,13. My articleship gets over on 13/8/2013 but I have to serve extension of 6m. Can I serve the extension in IT?

Dear Rohit,The overall experience during Industrial training depends on a number of factors including the profile offered to you, the company, the team and of course your individual performance. If the profile offered during IT is good, I would take the offer and join Emami Paper Mills for IT.

Good morning SirFirst of all thanks a lot for posting such informative stuff and helping us. Sir I am about to complete the 2nd year of my articleship in an average Ca firm but somehow I managed to get a call from City bank, Delhi for Industrial training but they are providing me with only 2.5 months of leaves for exam preparation which is due in November, 2014. I really want to grab this opportunity but I am confused should I go for it or not as the leaves are too less to give both groups simultaneously. In your view, doing I.T. now and delaying my attempt prove to be a better option than not doing I.T. at all. Please guide me Sir.Archana Bakshi

I would recommend to go for IT and still try for Finals in Nov 2014. 2.5 months is good enough for Finals (exactly the time I got for mine in 2007) and one can prepare and still clear if done diligently.

My 2nd year is ending in April 2014, and I'm planning to go for industrial training. By when should I start applying to companies? And where can we find vacancies in companies? There are a lot of companies and its difficult to keep track of all of them at a time.

Can I start articleship immediately after i complete my 2nd year without any delay? If im not able to do that, will my articleship period get extended. For eg: since my 2nd year ends on 30 April 2014, but my IT starts only by say 15 May 2014, will that have effect on my articleship period?

I have my articleship period completing on 30th November, '14. I was considering undergoing IT. But would the same be advisable considering that I would also need a leave of around 4 months, that would be from July onwards?

Urvashi, I always recommend Industrial training. However, whether this is advisable or not considering your leave requirements purely depends on whether your employer (under whom you're doing your Industrial training) would allow you leave. Usually they don't. You can certainly take your chances but do mention during your interview about your upcoming leave. At best, they may ask you to extend your training period. Worth the take I guess.

IT Pathshala Private Limited, an initiative of Myzeal IT Solutions which is one of the leading company of developing web applications and mobile apps development services in North India. IT Pathshala offering 6 months/weeks industrial training in different technology domain like php, android, dot net, software testing etc with job assistance and placement. The objective of Industrial Training Program is to provide a comprehensive learning platform to students wherein they can enhance their employability skills and become job ready along with real corporate exposure.Industrial Training takeaways:1. Live Major/Minor Project development2. Get Corporate Exposure & interact with industry experts3. Job Assistance & In House Job Opportunity4. Get Technology Certification and Project Experience

Sir,How to determine whether a CA is eligible to provide Industrial Training....besides the requirement of a membership of 3 years??? The CA should be in full time employment or part time...is the CA required to be registered???

Both are great companies to work for. Siemens would give a more global exposure whereas Emami would probably have more depth in knowledge. If you have a global mindset, go for Siemens, if you have an inclination for Indian industries, go for Emami.Given a choice, i would go for Siemens. But that's completely ur call.

2. I have not taken more than 20 leaves in the past 1 and half year . So can my leaves be carried forward to industrial training?

3.Is industrial training better that articleship training?

4.How to approach companies for industrial training? these big companies do not have a industrial training option in their job portals.

5. Do we need recommendation from high-profile employees of those companies to get placed in a company?

Also..

I have a doubt, will the principal allow me for industrial training? Our firm is very under employed. So i am scared what if he doesn't give me permission to go for industrial training.

And another doubt is I am eligible to join Industrial training from September 2014. I have to inform my principal 3 months prior to that. i.e., in June. When is the right time to apply for companies so that they do not call me during the 3 months period.

what if I notify to my principal, and I don't get IT, i'll be in a bit of trouble with my principal.

Under Industrial training,, the student is generally guided by the leave policy of the organisation. Technically, if the organisation allows you only 2 days of leave per month, you will be able to take only such leave under IT.

Again, your leaves do not get carried forward to IT. [To understand this, if you have not taken any leave in 2 years of articleship, you cannot expect the organisation to allow all such leave to you as this would compromise both your training and their productivity].

Industrial Training gives you an experience of corporate world and is very helpful if you want to get into a service / job. However, Articleship is as important. So cant say which is better.

You need to approach individual companies to check for IT vacancies. Recommendations may not be necessary.

Generally you have to tell your principal that you intend to do IT. Try searching for companies and leave your Articleship only if you have got IT. Generally principals are accommodative of IT.

Sir,I want to do industrial training in finance sector especially in mutual fund or share market(derivative specifically).Which companies provide me this kind of training and which are good for learning well.I have completed 1 year of my articleship training.Although I have 1 year to think about that but I want to decide as soon as possible so I could plan for finals accordingly.

Dear Sir,I have taken transfer from my present firm n submitted 109 to icai and now the company where i was joining for industrial training has refused me due to some registration problem there. So my articleship under previous employer is still going on or it is terminated . What should i Do??

Dear Sir,First of all, all the information available here is quite helpful. I appreciate your valuable efforts.I have a query. I did 2 yr 3 month training with a practicing CA and the enrolled for IT. I did IT for 1 year ( 9 month for completing training and 3 more months). My excess leaves were 180 at the time i enrolled for IT. I took a leave for 7 days in my IT period. Now the question is Whether those extra 3 months of IT will be considered for calculating my extension period????Please respond sir.

I have been appointed as a trainee in an organization but the case is that I have undergone through two contracts with them one as a industrial trainee and one as a commercial trainee ...As per their salary structure they are deducting gratuity and pension and all whether mit is allowable and also they are providing me the leave for 15 days only for CA Final .what should I do whether I should drop the exam and continue with my training or I can leave the institute since I have submitted yet my form 104 to ICAI. PLZ PLZ HELP.....URGENT!!

Hello I have recieved an extension for 2 months of training period and i opted for industrial training in last 9 months of my articleship period. Where i can complete my extension period under industrial training or under CA Firm?

Dear Dishant, Technically you can complete the extended 2 months at either your Industrial Training (IT) company or your CA Firm. You only need to ensure that you have completed minimum 9 months with the IT company.

However, it would be recommended that you continue with the IT company as otherwise you may have to fillup the forms again and reah out to a CA firm who may not hire you for only 2 months of training.

Dear Dishant, Technically you can complete the extended 2 months at either your Industrial Training (IT) company or your CA Firm. You only need to ensure that you have completed minimum 9 months with the IT company.

However, it would be recommended that you continue with the IT company as otherwise you may have to fillup the forms again and reah out to a CA firm who may not hire you for only 2 months of training.

Six Months Industrial Training means to work in the industries and prepare the graduate people through polishing their skills according to their field of choice...for more details you can check this link below.Industrial training in Mohali